In the last trading session, 18.42 million ChargePoint Holdings Inc (NYSE:CHPT) shares changed hands as the company’s beta touched 2.23. With the company’s per share price at $0.71 changed hands at $0.01 or 0.44% during last session, the market valuation stood at $326.11M. CHPT’s last price was a discount, traded about -243.66% off its 52-week high of $2.44. The share price had its 52-week low at $0.51, which suggests the last value was 28.17% up since then. When we look at ChargePoint Holdings Inc’s average trading volume, we note the 10-day average is 20.54 million shares, with the 3-month average coming to 15.19 million.
Analysts gave the ChargePoint Holdings Inc (CHPT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.18. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CHPT as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight.
ChargePoint Holdings Inc (NYSE:CHPT) trade information
Instantly CHPT was in green as seen at the end of in last trading. With action -1.51%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -53.22%, with the 5-day performance at -1.51% in the red. However, in the 30-day time frame, ChargePoint Holdings Inc (NYSE:CHPT) is 1.55% up. Looking at the short shares, we see there were 91.61 million shares sold at short interest cover period of 5.1 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 52.67% from its current market value. According to analyst projections, CHPT’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a -111.27% plunge from its current level, while the stock would need to soar -111.27% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.72%. The 2025 estimates are for ChargePoint Holdings Inc earnings to increase by 33.42%, but the outlook for the next 5-year period is at 32.46% per year.
CHPT Dividends
ChargePoint Holdings Inc is expected to release its next quarterly earnings report on 2025-Jun-04.
ChargePoint Holdings Inc (NYSE:CHPT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.93% of ChargePoint Holdings Inc shares while 40.22% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 40.59%. There are 40.22% institutions holding the ChargePoint Holdings Inc stock share, with ANTARA CAPITAL LP the top institutional holder. As of 2024-06-30, the company held 10.563% of the shares, roughly 45.16 million CHPT shares worth $68.19 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.8615% or 37.89 million shares worth $57.21 million as of 2024-06-30.
